Useful tax calculators — (bookmark this!)

The following are useful tax calculators that we have sourced for you. They mostly come from the Tax Office, but also other government agencies. Now you don’t have to sort through endless webpages to find the right calculator or tool.

Calculate days
This calculator will work out the number of days in a period you specify – for example, to calculate the number of days during an income year that you do not have to pay the Medicare levy surcharge.

Depreciation and capital allowances tool
This tool will help you calculate the deduction available from a depreciating asset. It will also assist you to calculate the claims you are entitled to for capital allowance and capital works purposes.

Demergers calculator
This calculator helps shareholders work out the capital gains tax consequences under a demerger, including the BHP Billiton, CSR, Sonic Healthcare, Mincor, WMC and Mayne Group demergers.

Rebates & Offsets

Zone or overseas forces tax offset calculator
This calculator will help you work out your eligibility for the zone or overseas forces tax offset and calculates the tax offset that you can claim. It also contains links to the Australian zone list and the overseas forces specified localities listing.

Work & You

Employee superannuation guarantee (SG) calculator tool
Use this tool to determine your eligibility for SG and work out if you’ve received the correct amount. If the tool shows you haven’t received the correct amount, you can print a report to show your employer and, if necessary, lodge an enquiry with the ATO.

Home office expenses calculator
This calculator will help you work out the deduction you can claim where a home office is used for income producing purposes.

International

Foreign income conversion calculator
This calculator will assist you to translate (convert) foreign income into Australian dollars, using either a specific or an average rate of exchange for a range of countries.

Investment

Demergers calculator
This calculator helps shareholders work out the capital gains tax consequences under a demerger, including the BHP Billiton, CSR, Sonic Healthcare, Mincor, WMC and Mayne Group demergers.

Property exemption tool
If you had sole or joint ownership of a property that you sold or are going to sell (or otherwise dispose of), this tool will help you work out what portion of your capital gain is exempt from capital gains tax.